The predictions market has the risk of a recession in 2008 at over 50%. (Bespoke Investment Group)

“The Baltic Dry Exchange index, which measures shipping costs for bulk commodities, is at a record high…” (WSJ.com)

Goldman Sachs (GS) is trying to clarify the source of their earnings. (breakingviews/WSJ.com)

A 130/30 index fund? (All About Alpha)

Barry Ritholtz has a chapter from Richard Peterson’s well-reviewed Inside the Investor’s Brain: The Power of Mind Over Money. (Big Picture)

On the book front, Adam Warner and David Merkel both recommend Vitaliy Katsenelson’s new book entitled Active Value Investing. (Daily Options Report & Aleph Blog)

Do we need a “Capital Markets Safety Board“? (Salon.com)

A bull market like no other. (Bespoke Investment Group)

Conditions necessary for a turn in the home builders are a long way off. (MSN Marketwatch)

No one is free of guilt in the mortgage market mess. (DealBook)

Airplane leasing is rapidly becoming a sector unto itself. (TheStreet.com)

What the heck is going on in the wheat futures market? (Infectious Greed)

Is Henry Blodget getting a “free ride” from the financial media? (Marketwatch.com)

The lines between home and business technology are blurring. (GigaOM.com)

“Predicting politics is an exercise in futility.” (Politico.com)

George Will with a profile of economist Austan Goolsbee. (WashingtonPost.com)

Felix Salmon does us one better and rounds up the blogosphere’s view on Radiohead “giving away” its new album. (Market Movers)

The Sports Economist on Bloomberg Radio. (Sports Economist)

A sign of the coming apocalypse: Cramer ring tones! (Deal Journal)

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